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In Serbia, in the first half of the year, exports grew by 9.4 percent, while imports fell by five percent

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Serbia’s foreign trade in goods in the first half of this year amounted to 33.19 billion euros, which is an increase of 0.8 percent compared to the same period of the previous year, the Republic Institute of Statistics announced today.

Goods worth 14.58 billion euros were exported, which is a growth of 9.4 percent, while imports decreased by five percent, to 18.61 billion euros.

The deficit amounted to 4.02 billion euros and is 35.7 percent lower compared to the same period of the previous year.

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The coverage of imports by exports is 78.4 percent and is higher than the coverage in the same period of the previous year, when it was 68 percent.

Foreign trade in goods was the largest with countries with which Serbia has signed free trade agreements. The member countries of the European Union account for 59.9 percent of the total exchange.

The second most important partner of Serbia in foreign trade are the countries of the CEFTA region, with which a trade surplus of 1.33 billion euros was achieved, which is mainly the result of the export of electricity, grain and their products, beverages, road vehicles and oil and oil derivatives.

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